The second week of April 2025 marked a period of extraordinary market volatility following President Trump's unexpected tariff announcements, which sent immediate shockwaves through global financial centers from Wall Street to Shanghai. The sweeping trade measures, targeting Chinese imports while temporarily sparing most other nations, triggered a cascade of market reactions: equity indices experienced their sharpest single-day plunge in eighteen months before staging a partial recovery, commodity prices swung dramatically with gold soaring past historic thresholds, and currency markets endured heightened turbulence as investors recalibrated risk assessments. Finance ministers and central bankers worldwide scrambled to issue statements aimed at calming jittery markets, while multinational corporations hastily convened emergency sessions to evaluate supply chain vulnerabilities and potential pricing adjustments.

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